Friday, 5 August 2011

How all this affects you (link)

The BBC have an excellent article explaining how this turmoil in the markets affects you. It's definitely worth a read!

http://www.bbc.co.uk/news/business-14418290


Regards,
Sam

Tuesday, 2 August 2011

US Debt Deal Made

Congress has passed the bill that will increase the debt ceiling and allow the US to avoid defaulting.

The debt ceiling has been raised to $16.7 tn (increase of $2.4tn from $14.3tn).


Regards, Sam

Source:
http://www.bbc.co.uk/news/world-us-canada-14379240

House of Representatives agree debt bill

Now eyes are on the Senate waiting for them to approve the bill.

Stay updated for updates.


Regards, Sam